O'Reilly logo

R: Data Analysis and Visualization by Ágnes Vidovics-Dancs, Kata Váradi, Tamás Vadász, Ágnes Tuza, Balázs Árpád Szucs, Julia Molnár, Péter Medvegyev, Balázs Márkus, István Margitai, Péter Juhász, Dániel Havran, Gergely Gabler, Barbara Dömötör, Gergely Daróczi, Ádám Banai, Milán Badics, Ferenc Illés, Edina Berlinger, Bater Makhabel, Hrishi V. Mittal, Jaynal Abedin, Brett Lantz, Tony Fischetti

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Risk categories

Banks face various kinds of risks, for example, client default, changes in the market environment, troubles in refinancing, and fraud. These risks are categorized into credit risk, market risk, and operational risk.

Market risk

Losses realized from the movements of the market prices are covered by the market risk. It may include the losses on the trading book positions of a bank or financial institution, but the losses realized on interest rate or currency that may be in connection with the core business of a bank also belong to market risk. Market risk can include several subcategories such as equity risk, interest rate risk, currency risk, and commodity risk. Liquidity risk is also covered in this topic. Based on the advanced approach ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required